Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
A couple of posters on II have suggested a legal fund be set up. The attached link is to asses the appetite for any future legal action. Note of intention or willingness to participate at £100 is all that is required at the moment. No cash unless there is sufficient support. If you are interested, please sign. http://www.ipetitions.com/petition/legal-fund-contribution WJB
387 signatures at last check - let's try to keep it going http://www.ipetitions.com/petition/cancellation-of-xcite-energy-limited-and-xcite WJB
Regarding AIM regulations, they are, with the best will in the world, useless - but please keep at them. A reply from one of 3 emails I sent them is copied below (all 3 queries were answered in the same text give or take a couple of words) They seemed to only answer on a Wednesday, no other day. I assume that was the day that the cleaner was in, and replied on their behalf after her weekly hoovering of the cupboard where the AIM complaints landed. Being unable to respond to individual complaints is a joke - a basic we have telephoned, emailed Mr/Mrs or whatever would suffice. A regulator not only has to be regulating the industry but also be seen to be regulating the industry. This lot don't. But as I said, keep at them. We can't let them off with a "nobody told me!!" defence "Thank you for your e-mail of 16 September 2016, copied below, and your further email of 20 September 2016 regarding Xcite Energy Limited. As you may already know, AIM Regulation is the department within London Stock Exchange that is responsible for the regulation of AIM. We can assure you that AIM Regulation investigates all enquiries made as regards the conduct of AIM Companies and Nominated Advisers in respect of their compliance with the AIM Rules for Companies ("AIM Rules") and for Nominated Advisers ("Nomad Rules") and takes action where appropriate. Please note that AIM Regulation's remit does not extend beyond the AIM Rules and Nomad Rules. Further information regarding the remit of AIM Regulation and that of other regulators and competent authorities can be found at the following: xxx As indicated, we can assure you that we investigate all enquiries which relate to the AIM Rules. However, you will appreciate that confidentiality is essential in maintaining the integrity of our work and, accordingly, please note that we are unable to comment on individual enquiries"
Regarding the links removed - I got a message saying that, because I am a new member, they won't let me post any links for 24 hours. I only signed up at lunchtime to try and promote the petition (currently 257 signatures - please try to keep it going). So don't think there is anything sinister in the removal or blanking - just LSE admin rules, I think. WJB
Sorry folks - trying to keep this high up the list. Keep signing the petition 237 and rising www.ipetitions.com/petition/cancellation-of-xcite-energy-limited-and-xcite WJB
http://www.ipetitions.com/petition/cancellation-of-xcite-energy-limited-and-xcite WJB
Thanks to Blue Eyes for posting the petition link. http://www.ipetitions.com/petition/cancellation-of-xcite-energy-limited-and-xcite Please keep this going - 167 signatures in under 24 hours. It may well be a tall order, but please, let's give it a go. Let's try initially to freeze the Licences and get a meaningful dialogue with the Bondholders (Trustee). If that is re-buffed, let's push the OGA with everything we've got to cancel the Licences. First post WJB